Klabin S.A. (KLBAY) To Go Ex-Dividend on May 6th

Klabin S.A. (OTCMKTS:KLBAY) declared a dividend on Tuesday, April 30th, investing.com reports. Stockholders of record on Tuesday, May 7th will be given a dividend of 0.1157 per share by the basic materials company on Tuesday, May 28th. This represents a dividend yield of 4.79%. The ex-dividend date is Monday, May 6th. This is an increase from Klabin’s previous dividend of $0.01.

Klabin Stock Up 0.3 %

KLBAY stock opened at $8.90 on Thursday. Klabin has a 52-week low of $7.42 and a 52-week high of $10.26. The firm has a market cap of $5.00 billion, a P/E ratio of 9.14, a PEG ratio of 0.60 and a beta of 1.12. The company’s 50-day simple moving average is $9.33 and its 200-day simple moving average is $9.11.

Klabin’s stock is going to split before the market opens on Tuesday, May 7th. The 11-10 split was announced on Tuesday, May 7th. The newly issued shares will be distributed to shareholders after the market closes on Tuesday, May 7th.

Klabin (OTCMKTS:KLBAY) last posted its quarterly earnings data on Tuesday, February 6th. The basic materials company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). The business had revenue of $908.49 million for the quarter. On average, analysts anticipate that Klabin will post 1.18 earnings per share for the current fiscal year.

About Klabin

Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.